62 Vineyard Avenue

Yonkers, NY 10703

  • 3 Bed(s)
  • 3 Bath(s)
  • 1,455 Sqft
  • 0.05
    Acre(Lot)
$520,000

Description

A/o- contract has been sent out. showing for back ups. excellent investment opportunity for the savvy buyer or investor. single family residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. live in 1 unit and allow the other two units to pay off your mortgage. rent roll possibility is $62,000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+


the conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. double lot offers potential opportunities for a developer.

the property has an assumable fha mortgage at a mind boggling 2.375% interest rate. yes, that is not a typo! 2.375%.



call for additional details or to schedule a viewing.

  • Property Type

    Residential
  • Subdivision

    Signal Hill
  • County

    Westchester County
  • Style

    Colonial
  • AD ID

    47703193

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BuyOwner last updated this listing 12/25/2024 @ 01:01

  • MLS: H6334054
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: OneKey

is a Home, with 3 bedrooms which is recently sold, it has 1,455 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.